Research Report on Global and Chinese Cathode Material for Lithium-Ion battery industry 2015-2020

ResearchMoz.us includes new market research report " Global and Chinese cathode material for lithium-ion battery industry 2015-2020: Market Size, Shares, Growth, Analysis, Trends And Forecast" to its huge collection of research reports.

Since the early 1990s, lithium-ion battery had achieved industrialization, owing to its high energy density, fast charging, environmental protection, and other prominent advantages, lithium-ion battery industry has been rapid development. According to the statistics of IIT, the global market size of lithium-ion battery reached USD14.1 billion in 2013, and it is predicted that the global market size of lithium-ion battery will reach to USD42.2 billion in 2020.

As a core material of cathode material for lithium-ion battery, accounting for more than 40% of total production cost of lithium-ion battery. Currently, China, Japan and South Korea are the major cathode material for lithium-ion battery in the world, Lithium iron phosphate is one of major product produced in China, and its capacity is about 10,700t/a in 2014, it is predicted that the capacity of Lithium iron phosphate will reach to 20,500t/a in 2020.

The profit rate of cathode material for lithium-ion battery is relative high, the gross margin is more than 50%, with the support from the Chinese government, technology improvement and increasing demand, the market of cathode material for lithium-ion battery is very tremendous.

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